SOLID POWER INC (SLDP) Stock Technical Analysis
NASDAQ:SLDP - Nasdaq - US83422N1054 - Common Stock - Currency: USD
Taking everything into account, SLDP scores 6 out of 10 in our technical rating. SLDP has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, SLDP is a bad performer in the overall market: 73% of all stocks are doing better.
SLDP is part of the Automobile Components industry. There are 81 other stocks in this industry, of which 72% are performing better than SLDP.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SLDP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SLDP has an average volume of 1786190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SLDP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SLDP is lagging the market slightly.
SLDP has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.20
2.17
When analyzing the support we notice one important area.
- A support zone ranging from 1.21 to 1.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.39 to 1.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.44 from a horizontal line in the daily time frame.
- Resistance @2.07 from a trend line in the weekly time frame.
- Resistance @2.15 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.55
Mansfield-0.69
10 Day High1.48
10 Day Low1.09
20 Day High1.48
20 Day Low1.06
52 Week High2.7
52 Week Low0.68
Performance
1 Week6.15%
2 Weeks24.32%
1 Month25.45%
3 Month-0.72%
6 Month35.29%
12 Month-21.14%
2 Year-36.99%
3 Year-84.72%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)68.86
LBB0.99
UBB1.5
1.38
+0.01 (+0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.73%
1 Week6.15%
2 Weeks24.32%
1 Month25.45%
3 Month-0.72%
6 Month35.29%
12 Month-21.14%
2 Year-36.99%
3 Year-84.72%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%5.38%
ATR Inc16.31%
Range Today0.12
ADR(20)0.07
ADR(20)%5.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.55
Mansfield-0.69
10 Day High1.48
10 Day Low1.09
20 Day High1.48
20 Day Low1.06
52 Week High2.7
52 Week Low0.68
CS1 End1.21
CR1 Start1.39
Volume & EV
DER(3)-4.08%
DER(5)-1.55%
Volume3.86M
Volume Incr122.68%
Vol(5)2.88M
Vol(50)1.79M